Comment / OceanX Radar: Tit for tat is back while decarbonisation loses its steam

ID 8457118 | Agreement © Jirikabele | Dreamstime.com

So we have a Gaza deal and there will be a ceremony for it, lets hope that all holds. The Houthis vow to stand ready if Israel does not stick to the terms, and that threat alone is probably enough for carriers and insurers to consider the Suez Route still too uncertain for now. A return would hit heavily on the already persistent overcapacity which has brought rates down recently.

As usual, OOCL numbers were the first out, which means the ...